Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
The initiative may see home buyers get what they paid after 10 years
Author Archives: enterpriseam admin
Posted inEnergy
Scatec to set up Egypt’s first hybrid solar + battery plant
The project will be financed by the African Development Bank
Posted inAutomotive
Naguib plans to invest over USD 120 mn to turn motorcycles and tuk-tuks into EVs
The project will be carried out by the e-mobility startup BluEV, which is chaired by Sawiris
Posted inDEBT WATCH
CIB secures USD 148 mn in financing from AfDB to support SMEs
The African Development Bank (AfDB) has approved a USD 148 mn financial package for CIB, which will be used to on-lend to its clients and strengthen its capital position, AfDB said in a statement on Thursday. The package includes a USD 90 mn subordinated loan and several lines of credit worth USD 58 mn, and […]
Posted inClimate
Countries commit USD 420 mn to loss and damage fund on opening day of COP28
Five countries and the EU committed funds
Posted inCapital markets
EFG Hermes tops EGX brokerage league table in November
EFG Hermes continued to lead the EGX brokerage league table in November, with a market share of 20.8%, according to EGX figures(pdf). Rounding out the top five were Arab African International Securities (9.7%), CI Capital (6.1%), Mubasher Securities (4.5%), and Thndr Securities (4.4%). EFG has held the top spot every month but one so far […]
Posted inWAR WATCH
Israel bombards south Gaza as efforts to extend ceasefire fail
Almost 200 killed as Israel resumes bombing of Gaza: Israeli forces have resumed the bombing campaign in Gaza after negotiations with Hamas to extend the temporary ceasefire collapsed. The IDF said on Saturday that it had bombed 400 targets in Gaza and 50 targets in Khan Younis in the first 24 hours following the end […]
Posted inLAST NIGHT’S TALK SHOWS
Why did the USD fall in the black market?
Local media believes that the government poured USDs into the local market to help meet soaring demand